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Donald Trumps Success?

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Select an American Entrepreneur who appeals to you. Consider the following and examine:

His/Her early career, What in his/her background led to a business start-up? What obstacles were encountered in the formation and execution of the business.

What role their individualism played in their entrepreneurial endeavors? According to APA Gudelines.

Donald J. Trump is selected.

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https://brainmass.com/business/entrepreneurial-issues/donald-trumps-success-339971

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I have always been very fascinated about Donald Trump, because although he has had much turmoil in his personal and professional life, he always seems to manage to return and stay on top.

According to www.trump.com, Donald J. Trump began his business career in an office he shared with his father, Fred, in Sheepshead Bay, Brooklyn, New York. According to this same site, he worked with his father for five years, where they were busy making deals together. He appears to have been highly influenced by his father as a role model. For example, according to trump.com, he has stated, 'My father was my mentor and I learned a tremendous amount about every aspect of the construction industry from him.' Likewise, Fred C. Trump, according to this same site, has often stated that 'some of my best deals were made by my son, Donald...everything he touches turns to gold.' Then, according to this site, Donald Trump entered the very different world of Manhattan real estate. In terms of his real estate career, the owners of these hotels, in terms of them being bought or sold, and, until that time, wanted to keep Trump to do what he did best: build things; they gave him a modest construction fee and a management fee to oversee the development; the new owners also allowed him to put his name on the buildings that eventually rose on the yards because his well-known moniker allowed them to charge a premium for their condos. This is a description of how Trump was able to become one of the greatest names in hotel real estate.

According to www.trump.com, in New York City, the Trump signature is synonymous with the most prestigious of addresses. According to this site, among them are the world-renowned Fifth Avenue skyscraper, Trump Tower; luxury residential buildings include Trump World Tower at the United Nations Plaza, Trump Park ...

Solution Summary

This essay explores the career of Donald Trump in which he began his career with his father and was highly influenced by the values of his father. The essay also explores the fame of Trump; his career has been up and down financially, but he always manages to come out on top.

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1. Discussion of the Personality Profile based on Big Five model of personality (surgency, agreeableness, adjustment, conscientiousness, and openness to experience)

The Big Five Model:

Surgency-is the ability to persuade or influence individuals to understand your point of view, vision, mission, and/or objective and is willing to follow your lead as a result. One of the character traits of surgency is competitiveness. Donald Trump is extremely competitive, with that said he creates an environment of competitive subordinates and/or followers.

Agreeableness- in my opinion is one character trait that promotes indecisiveness. A leader must be in a position to consider feedback of his/her colleagues however the final decision should be a collection of substantive facts and evidence supporting the theory of change implementation and risk management. When I observe leaders who tend to agree often, I find it difficult to follow their lead when necessary. This type of flaw opens the door to confusion at times if the leader places great emphasis on the viewpoint of the staff without drawing his/her own conclusions. A leader must take every viewpoint under advisement before making a decision and implementing a strategic action plan.

1. Discussion of the Personality Profile based on Big Five model of personality (surgency, agreeableness, adjustment, conscientiousness, and openness to experience)

The Big Five Model:

Surgency-is the ability to persuade or influence individuals to understand your point of view, vision, mission, and/or objective and is willing to follow your lead as a result. One of the character traits of surgency is competitiveness. Donald Trump is extremely competitive, with that said he creates an environment of competitive subordinates and/or followers.

Agreeableness- in my opinion is one character trait that promotes indecisiveness. A leader must be in a position to consider feedback of his/her colleagues however the final decision should be a collection of substantive facts and evidence supporting the theory of change implementation and risk management. When I observe leaders who tend to agree often, I find it difficult to follow their lead when necessary. This type of flaw opens the door to confusion at times if the leader places great emphasis on the viewpoint of the staff without drawing his/her own conclusions. A leader must take every viewpoint under advisement before making a decision and implementing a strategic action plan.

Adjustment-is fundamental for any leader for the reason that change is an ongoing process, especially in terms of technological advancements where organizations must continuously refresh their general approach to business in order to exceed the demand of their chosen demographic audience. Managers must be willing to identify trends within the internal and external framework of an organization and must be able to evolve with the rapid changes. Leaders must always maintain abreast of the competition and venture into benchmarking practices in order to determine what methods of operation are the best to utilize.

Conscientiousness-I find that this personality trait is ordinarily one that enables the leader to identify what is right or wrong within an organization. The leader is most assuredly aware of his/her followers and is able to identify a follower's area of strengths and weaknesses and is able to delegate tasks accordingly.

Openness to experience-this is where innovation takes over. A leader who is open to experiences is often accessible to the ideas of creative concepts. Leaders, executives, managerial decision makers are prone to keeping their eyes and ears open for the next big idea or innovative strategy that places their organization 50 paces ahead of the competition. If you observe the telecommunications industry, especially in today's media frenzy you would witness how each organization actively engages in one up-man-ship which means these organizations are always trying to outdo one another with the latest brand in technology in which case each source of innovation gets better and is more convenient than the previous device of technology.

2. Discussion of Leadership Behavior or motivational style

An effective leader is one who possesses transformational and transactional styles of leaders. Motivational styles of leadership in essence is a subdivision of transformational/transaction for the reason that this type of leader is able to greatly influence individuals to the point of evoking and provoking a different viewpoint of change management strategies. This type of leader often has the respect of their peers and colleagues because they are identified as leaders who have the best interest of their followers and the organization at heart.

I find that Donald Trump executes the aforementioned leadership styles. His leadership style tends to correlate to relationship theories (otherwise acknowledged as Transformational Theories) - which focuses on the associations created between leaders and followers. These leaders encourage and motivate people by assisting group members to recognize the significance and high-quality of the assignment. Transformational leaders focus on the accomplishments of group members, and desire each person to realize his or her potential. "These leaders often have high ethical and moral standards." (Vanwagner, 2009).

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